Bill 63 (Legislature 2, Session 4)

L2 S4 10668

Alberta — Bills

BILL No. 63 of 191~.

An Act to Incorporate The Clay Lilne Railway Company. (Assented! to 19l3.) W ~EREAS ~ petition has been ptsented praying for t~ePreamble. 1ncorporatwn of a oornpany to co 1struG'i. and operate a rrul- way as hereinafter set forth, and .~t ~xpadient to grant the pmyer of the sai.d peti·tion ; Therefore His Majesty, by and with lthe advice and oonseut of the Legislative Assembly of the Provihce of Alberta, enacts aa follows: City of Medicine Hat i.n the Province of Alberta, together with 1.

Leigh Hunt, civil engineer; Helert Oliver Knowlffi, stu-Incorporation! dent-at-law; and Samuel George Hanna , student~at-law; all of the such persons as become shareholders ·n the company hereby inoorporated, a.re hereby constituted a body corporate under the name of "The Clay Line Railway Co pany", hereinafter called "the company" .. 2. The head office of the compan~ shall be in the City of Head office. Medicine Hat in the Province of Alber-t~. 3.

The several clauses of The Railw y Act of Alberta shall be and the same are hereby incorpor tlOO with and shall be doomed to be part of this Aot, and shall pply to the said company and to the railway to be oonstructed y them, excepting so far M the same may be inconsistent wit the express enactments hereof, and tl1e expra'l:lion "this Act" hen used herein shall be understood to ·include the clan."es of he said Railway Act as aforesaid. 4.

The company may lay out, cons n1ct and operate by elee- Constructiop., tricity, steam or any other motive powc approved by the Mmister, a m.ilw:1y of the gauge of four (4) foo eight and one-half (8Vz.) inches from a point in

section two (2) in township eleven (11), range six ( 6), west of the fourth me idian in the Province of Alberta; tJwnce in a northerly directio to a point in

section two (2), in township twelve (12), range s x ( 6), west of the fourth meridian in the said province;_ thence n a notiiherly direction to a point Rt or near the limits of the Cit ·of Medicine Hat in said province. 5. 'l'he persons mentioned by namei_in the first

section of thisP.rov!slonal Act are hereby constit.utedi provi,sionfl directors of the said d•rectors. company. 6. The capital Rtock of the comptny shall be one hundred capital thou1<a.nd dollars ($100,000), and may be called up by the direo- stock. tors from time to time, as they deem ecessary, but no one call o;hall exceed ten per cent. of the shan·~~ ~ubscribed. 7. Tbe annual geneml meeting of the sh_nroholders shall be Annual held on t.lw Fecond Tuesdny of J anuar.t in each year. f:;e'ii~~ 8. At such meeting the subseribers 1or the capital stock assem- E_lection of bled, who have paio all calls flue on their shares, shall choose directors. five (

G) persons t:o be directors of the company one or more o.f whom may be paid oiredors of the con pan.Y,. • ' 2 9. The company may issue bonds, de1entures or other secur- ~.;~~~~g ities to the extent of fifteen thousand dol ars ($15,000) per mile of the railway and bra.rwhes, and suc·h bar ds, debentures or other securities may be i&'Oued only in proporti n to the length of rail- way comtructed or under contract to be onstructed. 10.

The company may enter into an greement with .another Companyk . f . l. h maymae company 'Or compames or conveymg or asmg to sue company a!\'reement or companies the railway of the compa y hereby incorporated, ~~;:;P~~~;~ in whole or in part, or any rights or po ors acquired under this Act, as also the surveys, pl•ans, works, pl nt material, machinery and other property to it belonging, or fo an amalgamation with such company or companies, on such te s and conditions as arc agreed upon, and subject to such restric ions as to the directors sootn fit; provideg that such agreeme t has been first sanc- tioned by two-thirds 'Of the votes at a sp cial gemm1l mooting of the shareholders duly called for the pu ose of considering the &~.me, at which meeting shareholders re resenting at least two- thirds in value of the stock are present 'n person or represented by pmxy, and that such agreement has a so received the approval of the Lieutenant Governor in Council. . 1.1..

The 0ompany shall, rut all stati~ns upon their railway. Lo";ding of always permit the loading of grain and ther farm produce intof;~~·"':~;om carll fmm farmers' vehicles or flat wareh uses, subject to reason- ve.hieJes. able regulations to be made by the said mpany, and shall at all reasonable tirne."' afford proper facilities t erefior. 1.2.

The company agrees to afford al reasonable facilities to company any other milway company for the recei ing and forwarding and~~,!~~~gle delivery of traffic U[X>n and fr:om the li e of railway belorrgin.e;ig-cg£~ieers t.o or worlmd Ly such compames respec vely, and the oompanycomprmies. shall not make or give undue or un asona.ble preference or advantage ,to or in favour of any

partie lar person or comrmuy, or any particular description of traffic i any respect whatsoever, nor shall th(a company subject any parti lar person or company, or any particular description of traffic, any undue or unrea- sonable prejudice or dimvantage whaL~ ever, and the said com- pany shall Hfford all due and reasonable f cilities fm rec<;•Ting flllrl forwarding by its railways all the traffi arriving by such other railway or railways witJwut any unreaso able delay, and without any snch preference or advantage or pre dice or disadvanta;!;c as aforesaid, so thnt no obstruction is presen ed to the public desirous of using such railway as a continuous lin of communication, and so that all reasonable accommodation by means of the railways of the s0veral companies is at all times affo ded to the public in that behalf, and any agreement made betwe n the company and any any other company or companies contra to this agreement shall Le null and void. 1.3.

The construction of the railway lreby authorized shall be Time limit comnHmeerl within two years and shall e completed with)n ftvo for t u t•'on f h d f h . . , cons r c . year~ rom t e ate o t e commg mto fo ce of tlu;; Act. 1.4. 'I.' he company shall also have po er for ·the purposes of ita May undertaking to construct and 01perate an electric telegraph line or ~~~r;,~t;:;;~ lines and a telephone line or lines alon the said rrulway and toand telephonr construet and maintain such bridges as hall be necessary or con-lines. ven~enL for_ the use. ·of said railway no being bridges over any nav,wahle river or nvcr.", un le:o>< c:uch hr c:'hre or bri,dges over such navif!;able river or waters has or' have b~n authorized by the Governor General in Council.

Title: 1913 (2nd, 4th) Bill 63,

An Act to Incorporate The Clay Line Railway Company

Document details

Collection	Alberta — Bills
Citation	L2 S4 10668
Type	bill
Volume / chapter	L2 S4 10668
Language	en
Format	json
Source	PROVINCIAL
Identifier	cba84689f3596f72ffd90158ac09016bb1675561

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